BorgWarner Receives Third Consecutive Honda Quality Performance Award
28 Avril 2004 - 11:10PM
PR Newswire (US)
BorgWarner Receives Third Consecutive Honda Quality Performance
Award CHICAGO, April 28 /PRNewswire-FirstCall/ -- BorgWarner
TorqTransfer Systems in Seneca, South Carolina, has been honored by
Honda for the third consecutive year for outstanding quality
performance over the past 12 months. The facility supplies
BorgWarner InterActive Torque Management (ITM)(TM) systems to the
Honda of Canada manufacturing facility in Alliston, Ontario, as
well as the new Honda of Alabama manufacturing facility in Lincoln,
Alabama. BorgWarner was recognized for its ranking at the top of
Honda's quality index and for having superior delivery performance.
At its annual Supplier Conference in March, Honda honored 66
suppliers with awards for exceptional performance in the areas of
quality, delivery, productivity improvement and quality improvement
category. BorgWarner was honored in two categories -- quality and
delivery -- and was one of only nine North American supplier
companies to receive the distinction of a "double" award. "At
BorgWarner we strive relentlessly to exceed our customers'
expectations, and this award from Honda in two categories is doubly
gratifying," said Tim Manganello, BorgWarner Chairman and Chief
Executive Officer. "We are proud of this prestigious recognition in
the vital areas of quality and delivery. Congratulations, for the
third year in a row, to our employees in Seneca and to the entire
TorqTransfer Systems team." BorgWarner's ITM(TM) system, which
offers better handling and fuel economy, improved stability, and
more flexibility than passive, mechanical four-wheel drive systems,
debuted in late 2000 on the award-winning Acura MDX. The system's
patented technology electronically senses when a vehicle's front
wheels slip and instantaneously transfers power to the rear wheels.
The ITM(TM) technology individually controls the rear wheels to
offer side-to-side or single wheel torque management. BorgWarner
engineers based the new system on their electronic innovations in
rear-wheel drive systems for larger sport- utility vehicles first
introduced in the mid-1990s. BorgWarner TorqTransfer Systems is a
leading independent global designer and producer of transfer cases
and systems for four-wheel and all-wheel drive vehicles for the
sport-utility and light truck markets. Systems enhance driver
security, reliability and ease of use. BorgWarner Inc. (NYSE:BWA)
is a product leader in highly engineered components and systems for
vehicle powertrain applications worldwide. The company operates
manufacturing and technical facilities in 43 locations in 14
countries. Customers include Ford, DaimlerChrysler, General Motors,
Toyota, Honda, Hyundai/Kia, Caterpillar, Navistar International,
Renault/Nissan, Peugeot and VW/Audi. The Internet address for
BorgWarner is: http://www.bwauto.com/ . For further information
contact BorgWarner Corporate Communications at 312-322-8500.
Statements contained in this news release may contain
forward-looking statements as contemplated by the 1995 Private
Securities Litigation Reform Act that are based on management's
current expectations, estimates and projections. Words such as
"expects," "anticipates," "intends," "plans," "believes,"
"estimates," variations of such words and similar expressions are
intended to identify such forward-looking statements.
Forward-looking statements are subject to risks and uncertainties,
which could cause actual results to differ materially from those
projected or implied in the forward- looking statements. Such risks
and uncertainties include: fluctuations in domestic or foreign
automotive production, the continued use of outside suppliers by
original equipment manufacturers, fluctuations in demand for
vehicles containing the Company's products, general economic
conditions, as well as other risks detailed in the Company's
filings with the Securities and Exchange Commission, including the
Cautionary Statements filed as Exhibit 99.1 to the Form 10-K for
the fiscal year ended December 31, 2003. DATASOURCE: BorgWarner
Inc. CONTACT: Beth Feikens of BorgWarner, +1-248-754-0158 Web site:
http://www.bwauto.com/
Copyright
BorgWarner (NYSE:BWA)
Graphique Historique de l'Action
De Juin 2024 à Juil 2024
BorgWarner (NYSE:BWA)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024